344 S Elm Drive Beverly Hills, CA $ 3,398,000
344 S Elm Drive
$ 3,398,000
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344 S Elm Drive

Beverly Hills, CA, 90212
$ 3,398,000
Bedrooms10 Baths2.0 Sq 6,962

Monthly Estimate*

$ 21,199

Listed by eXp Realty of Greater Los Angeles
344 S Elm Drive, Beverly Hills, CA 90212 - Image 1
344 S Elm Drive, Beverly Hills, CA 90212 - Image 2
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344 S Elm Drive, Beverly Hills, CA 90212 - Image 10
344 S Elm Drive, Beverly Hills, CA 90212 - Image 11
344 S Elm Drive, Beverly Hills, CA 90212 - Image 12
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Multi-Family Home for sale in Beverly Hills, CA

for $3,398,000 with 10 bedrooms and 2 full baths. This 6,962 square foot home was built in 1955 on a lot size of 0.1393.

Located in the heart of Beverly Hills just south of Wilshire Boulevard, 344 S. Elm Drive offers a rare opportunity to acquire a well-maintained six-unit apartment building in one of the most sought-after rental markets in Los Angeles. The property features an attractive unit mix of three (1BD/1BA), two (2BD/2BA), and one (3BD/2BA) residences many of which boast spacious, light-filled interiors, hardwood flooring, separate dining rooms, and both front and rear entrances. Recent capital improvements include soft-story seismic retrofit, new HVAC systems, updated water heaters, attic insulation, and exterior paint, providing peace of mind and reduced near-term maintenance costs. Two units will be delivered vacant at the close of escrow, presenting an immediate opportunity for an investor or owner-user to capture significant rental upside in a prime Beverly Hills location. Conveniently positioned near Rodeo Drive, Beverly Drive, and the Golden Triangle, residents enjoy easy access to world-class shopping, dining, and entertainment, along with the prestige and stability of the Beverly Hills School District.

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Multi-Family Active

Price

$ 3,398,000

Bedrooms

10

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1393

Year Built

1955

Town/City

Beverly Hills

County/Region

Los Angeles

MLS | Web ID

25608131

Days on Market

58

Features
General
Living Area 6962
Heating Wall Furnace
Possession Close Of Escrow
Appliances Dryer Washer
Zoning BHR4*
Year Built 1955
Stories Count 1
Levels One
Gross Income 241200
County Los Angeles
Net Operating Income 168550
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Olympic East of Beverly In the Center Great Restaurants and Shopping
City Beverly Hills
Senior Community Y/N false
Number Of Units Total 6
MLS Area C01 - Beverly Hills
Lot Size Units Square Feet
Lot Size Square Feet 6070
Carport Y/N true
Standard Status Active
Year Built Source Assessor
Cap Rate 4.8
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Interior
Flooring Wood
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area
Total Bedrooms 10
Total Baths 9
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Exterior
Parking Features Carport
Total Parking 6
Lot Size Area 6070
Number of Buildings 1
Building Area Total 6962
Lot Size Acres 0.1393
Lot Size Source Assessor
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* Excluded Features
List By
Exp Realty Of Greater Los Angeles

Broker

drew@gzre.net

Email

Affordability Calculator

$21,199
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Monthly Principal & Interest
$21,199
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,398,000 -2.91% Price Down
11/20/2025$3,500,000 Listed Price

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344 S Elm Drive, Beverly Hills, CA, 90212 is a Multi-Family Home for sale at $3,398,000 with 6,962 sqft and a lot size of 0.1393. 344 S Elm Drive has 10 bedrooms, 2.0 baths, and was built in 1955. The property's zip code is 90212 which is in Beverly Hills, CA